China Securities Index Co., Ltd. (CSI) announced today the formal release of three CSI sector bond indices of the CSI T-bond Index, the CSI Financial Bond Index and the CSI Enterprise Bond Index. The constituents of the CSI T-bond Index, the CSI Financial Bond Index and the CSI Enterprise Bond Index are composed of eligible treasury bonds, financial bonds, and enterprise bonds on the inter-bank market and the exchanges, respectively, to comprehensively reflect the overall performance of treasury bonds, financial bonds, and enterprise bonds on China's bond market. In January 2008, the three sector bond indices consist of 71, 101 and 200 constituents, respectively.
The base day of the three sector bond indices is December 31, 2002, with the base point of 100. The CSI T-bond Index, the CSI Financial Bond Index and the CSI Enterprise Bond Index closed on January 24, 2008 at 111.72, 114.43, and 113.35, up 11.72%, 14.43% and 13.35% from the base day, respectively.
In addition to the closing quotation, the CSI has also published such indicators as the yield to maturity and the duration of the sector bond indices, and released the data of term structure, the indices' historical data and historical constituents, etc.
The CSI announced the formal release of the CSI Aggregate Bond Index and its four sub-indexes of bonds of different years on December 17, 2007. The release of the three sector bond indices of the CSI T-bond Index, the CSI Financial Bond Index and the CSI Enterprise Bond Index will contribute to widening the scope of selection of comparison benchmark for investment on the China's bond market.
Investors can access the above data on the CSI's website (www.csindex.com.cn), the SSE Fixed Income Platform, the Wind (www.wind.com.cn) or the Reuters. After operating for some time, the CSI sector bond indices will be available for the market through the exchange's satellite system.
For details of the CSI sector bond indices, please refer to the CSI website.
